"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, May 23, 2012

Stock market bottom projection

I thought that the bounce of the last couple days was a little premature.  The chart in this post shows the target for SPX at 1200 to 1280 (best guess 1250).  The 1292 low of last Friday was suspect.  The bullish plan continues however, pending a real bottom.

http://www.biiwii.blogspot.com
http://www.biiwii.com

No comments:

Post a Comment